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LNG Canada is more than 90% complete, first cargo expected in 2025-Q2 (summary)
2024/05/24
LNG Canada is in the final stage of commencing its project start-up phase as the TC Energy-operated Coastal GasLink (CGL) pipeline which will connect gas fields in northwestern British Columbia with the project in Kitimat is completed.
LNG Canada is in the final stage of commencing its project’s start-up phase as the TC Energy-operated Coastal GasLink (CGL) pipeline which will connect gas fields in northwestern British Columbia with the project in Kitimat is completed.

 

The 670-Km CGL pipeline will deliver 2.1 BCF/D of natural gas to the project. Commercial in-service of the CGL will occur after completion of the LNG Canada plant’s commissioning activities and upon receiving notice from LNG Canada, according to TC Energy.

 

LNG Canada has recently said that the project is more than 90% complete, and it is on track to begin LNG shipments by the middle of next year, putting Canada on the map of LNG exporting countries.

 

The Canadian project’s shipping route to the Asian market is approximately 50% shorter than from the US Gulf of Mexico and avoids the Panama Canal, the project’s leader Shell has remarked.

 

According to the Global LNG Database®, the 14 MMT/Y LNG Canada project’s partners are Shell 40%, PETRONAS 25%, PetroChina 15%, Mitsubishi 15%, and Kogas 5%. They took a positive final investment decision (FID) on the project in October 2018.

 

In Jul. 2023, Flour announced the arrival of the last module of the LNG Canada project by ship from its fabrication yard in Zhuhai, China.
Fluor Corporation, along with its joint venture partner JGC, is delivering multiple aspects of the LNG Canada project, including engineering, procurement, fabrication and delivery of modules, and construction of the project's infrastructure and utilities, marine structures and LNG storage tanks.

 

Canada LNG is the latest and perhaps last LNG project that Shell leads, Mosi Nabi Consulting Services Director at Global LNG Info said, adding that “the major has already shifted its LNG business from producer to trader as high volatility in the commodities price suggests that trading could be more profitable, while in comparison to production, it is less complicated.”
Shell has predicted that the world LNG demand would grow by 50% until 2040.

 

 

LNG Canada is also weighing whether to build a second phase to double annual capacity to 28 MMT; however it will consider “affordability”, “competitiveness” and “market situation” before taking the final decision on the expansion plan.

 

Perfect information about the world’s LNG import/export projects such as “LNG Canada project” is available on the Global LNG Database®. To learn more, click here and/or register at: here

 

The complete article is available at here

 

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Source(s) Global LNG Database®, Image: LNG Canada